Posts by Rich of Observationz
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Speaker: Why a renter died from turning…, in reply to izogi,
In theory rent paid by not-on-the-lease tenants to the leaseholder is taxable income, but the rent paid by the leaseholder is not a deductable cost.
It's not income, it's a contribution to a shared cost. Do you have to account for income and expenses if one person buys a meal in a pub and the rest chip in? Or if you give a friend a lift and they pay for petrol?
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It's not like Vietnam:
How can you shoot women and children?
It's easy, you just don't lead them as much. -
Hard News: The Letter, in reply to Chris Waugh,
Sounds like the equivalent of my fairly non-existent skills in German, and way below my not-particularly good French.
Why would you want to live in a country where you can't converse with most of the population? Or is "residence" about having a bolthole and a convenient way to dodge Chinese taxes by claiming to live overseas?
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He was probably offering to log native forest and create jobs on the west coast in double figures. Maybe dig up a national park to mine coal as well.
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I'd venture a guess that those amongst the readers of Erowid that use drugs are much less likely to have a "problem" doing so - having both the expectation as to the psychological effects and an understanding of what is likely to cause physical harm.
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Hard News: Labour's Fiscal Plan:…, in reply to ,
HP.
The company that made some of the first usable desktops, had a reputation for making top quality kit, had a chance to be the original Apple when employee Steve Wozniak offered them his design, still mainstreamed the laser printer and produced fairly reasonable server hardware and finally pretty much destroyed their business over a period in the early 2000s, ending up merging with Ross Perot's old screw-the-taxpayer vehicle.
That HP?
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Hard News: Friday Music: Big Day Out, Out, in reply to Craig Ranapia,
Artefact of the same thing, I suspect - lack of population. People going to Glastonbury have to like music enough to make the effort and fork out four hundred dollars.
There are people in NZ like that, but probably no more than two or three thousand.
Maybe NZIS should have a migration category for music lovers of taste and distinction.
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If you don't stand up and say to IRD: "yes, I bought this rental property with the intention of selling it at a profit and my business is to do this repeatedly" then you don't pay a penny in tax on those "accidental" capital gains.
It's even on the website to make sure nobody accidentally pays tax:
Was one of your reasons for buying the property to resell it at a profit? NO
Have you got a regular pattern of buying and selling houses? NO
...there is probably no tax to pay on a property you have bought and resold at a profit as it was not your intention to sell the property at the time of purchase.I'm not sure how the IRD could ever enforce a tax based on "intention" without importing a highly trained team of telepaths from the planet Tharg.
Middle class welfare, pure and simple.
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Some numbers:
Glastonbury: 135,000 attend in a country of 60mln => 0.2%
Lollapalooza: 160,000 in 300mln => 0.05%
BDO: 40,000 in 4mln => 1%Which means they need a big chunk of the potential market to turn up, leading to a situation where it's always going to be hard to make money and unlike say Glastonbury, which attracts a good percentage of reasonably on to it music fans, BDO has to rely on attracting a large munter contingent to make up the numbers.
Which means for non-munters without a VIP pass, it's going to be a very average experience and one that many have given a miss to after one or two years.
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Hard News: Labour's Fiscal Plan:…, in reply to ,
And also, consider this: they are allegedly going to buy 60 new hybrid buses, which will be a good half a mil each, that's $30 million. The trolley wiring has been half replaced already - they're scrapping all of that at a cost of maybe $30mil. A lot of the infrastructure is the electricity lines companies, and they pay for that (out of the cost of the power, which is way less than the cost of diesel).
Basically, any saving is going to be very marginal indeed.
I wonder whether WCC could take back the public transport in the city from the regional council and maintain the trolley buses, possibly paid for by a congestion charge on suburban car commuters.